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Tata Motors registers 13% drop in November sales (03-Dec-2012)

Tata Motors has registered a 13.43% fall in its total sales (including exports) at 66,500 vehicles for the month of November 2012 as compared to 76,823 units sold during the same month a year ago. The company's domestic sales of Tata commercial and passenger vehicles for the month of November fell by 13.91% at 62,354 vehicles as against 72,427 vehicles sold in the same month last year. The company exported 4,146 vehicles in November 2012, compared to 4,349 vehicles exported during the same period a year ago, while cumulative exports for the fiscal stood at 35,521 units (39,598 units).

The company's sales of commercial vehicles in November 2012 in the domestic market were 44,323 vehicles, down by 0.91%, compared to 44,732 vehicles, sold in November last year, while sales of light commercial vehicle (LCV) for the month under review coming at 34,828 vehicles, stood up by 21.46%, over 28,673 vehicles, sold in the same period last year. Meanwhile, the medium and heavy commercial vehicle sales (M&HCV) fell to 9,495 units (16,064). Cumulative sales of commercial vehicles in the domestic market for the fiscal were at 342,855 units, cumulative LCV sales were at 243,543 and M&HCV at 99,312 units.

(31-Jul-2015)

Indian Oil Corporation (IOC) wants to buy more crude oil from Cairn India's Barmer, Rajasthan fields, but at an acceptable price. The main buyers of Cairn's Rajasthan oil are - Reliance Industries, Essar......click on news to read complete article.

(30-Jul-2015)

NTPC and the Jharkhand government signed a memorandum of understanding for expansion of the Patratu thermal power station and increase in power production. This came nearly three months after the two sides......click on news to read complete article.

(29-Jul-2015)

Billionaire Mukesh Ambani's Reliance Industries (RIL) is weighing a sale of its US shale gas investments. The company may sell the holdings as part of a strategic review of its assets, as it believes their......click on news to read complete article.

(01-Aug-2015)

US markets ended the jubilant month of July on a somber note, with major averages making mildly negative close on Friday, on cautiousness about the exact timing of the Federal Reserve finally raising interest......click on news to read complete article.

(31-Jul-2015)

The US markets closed a choppy session mostly in green on Thursday, after data showed the economy picked up its pace in the second quarter, leaving the Federal Reserve on track to raise interest rates......click on news to read complete article.

(30-Jul-2015)

The US markets closed higher on Wednesday, after the Federal Reserve offered no clear indication of the timing of the next rate hike, but left itself room to act as early as September, citing continued......click on news to read complete article.

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